Updated Dec 19, 2023
Coldwell Banker Realty Sells Land In Warren Twp., NJ For $2.5M
184 King George Rd, Warren, NJ, USA
$2,500,000
$2,003/SF
Building Size
1,248 SF
Asset Type
—
Closing
Oct 19, 2021
About this deal
AI
The property involved in this closed transaction is a land located at 184 King George Rd in Warren Twp., NJ. The transaction took place on 10/19/2021, with the property being sold for a price of $2,500,000. The asset type of this property is land.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,500,000
- Address: 184 King George Rd, Warren Twp., NJ
- Market: Warren Twp., NJ
The transaction was facilitated by Sharon Galbally from Coldwell Banker Realty, who acted as the broker in the deal.
Players
Warren CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93